The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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South Korea > Law firm and leading lawyer rankings
The profile section contains a list of firms that have taken out commercial profiles in The Legal 500. While the editorial is independent from the commercial profiles, the profiles allow in-house counsel to see an overview of the firm's strengths, locations, key contacts, individual lawyer biographies (all provided by the firm) alongside the firm's current rankings. This provides an easy one-stop-shop for corporate counsel and legal procurement departments to gather information on firms they are looking to instruct.
On September 8, 2017, to promote joint growth of enterprises of all sizes and their collaborative efforts, the Korean Fair Trade Commission (“KFTC”) and the ruling Democratic Party of Korea held a consultation conference to step up efforts to eliminate unfair demands of technical information and/or misappropriation of technology by large conglomerates against small and medium-sized enterprises.
Several amendments to the Patent Act (“PA”) and the Design Protection Act ("DPA"), which passed the National Assembly on March 2, 2017, went into effect on September 22, 2017. We highlight below the major changes:
On January 23, 2018, the Financial Supervisory Service and the
Financial Service Commission published additional guidelines to regulate
banking and financial transactions involving cryptocurrency exchanges (each, an
"Exchange"). The key points of these guidelines are summarized below.
On
December 28, 2017, the Korean joint task force on cryptocurrency, consisting of
various governmental agencies including the Office for Government Policy
Coordination, Financial Supervisory Commission, the Ministry of Justice and the
Ministry of Strategy and Finance, among others, announced that it will continue
its implementation of its previously announced emergency measures on December
13, 2017 (for more information, please see BKL’s 12/14 newsletter), and in
addition take the following actions.
In response to the recent
speculation frenzy over virtual currency trading and increase in virtual
currency-related crimes, the Korean government announced emergency measures
yesterday, December 13, 2017, the main points of which are summarized below:
Supreme Court Affirms Lower Court Decision, Finding Invalid the Regulations on Foreign Exchange Report on Incorporation of Offshore Subsidiary by an Offshore Company
To step forward as an environment-friendly government, the Moon Jae-in Administration has announced its key environmental policies, including improving safety in chemical substances and household chemical products, and reinforcing implementation measures of the Paris Agreement. Under the “sustainable development” paradigm, the new administration will continually promote new regulations to protect the environment and strengthen its enforcement of environmental regulations.
Bae,
Kim & Lee LLC ("BKL") was named as the "Competition & Antitrust Firm of
the Year" at the Asialaw Asia-Pacific Legal Practice Awards 2017 at the JW
Marriott Hotel in Hong Kong on November 28, 2017. The "Competition &
Antitrust Firm of the Year" is a highly coveted award bestowed by Asialaw, which
is the Asia Pacific's leading legal publisher owned by Euromoney, a global
business and finance magazine.
As of recently, state aid control is a part of the Montenegrin Competition Agency 's (the " Agency ") scope of authority. The Montenegrin Parliament enacted a new State Aid Control Law (the " State Aid Law "), largely aligned with the EU legal framework - especially with Articles 107 and 108 of the TFEU. In the institutional sense, the new law grants the Agency the competence for reviewing state aid, since the former State Aid Commission was not considered a sufficiently operationally-independent authority - which represented an issue in Montenegro's EU accession negotiations (Chapter 8).
Commercial agency agreements often include a prohibition of competition, also known as a no-competition clause. Notwithstanding this, certain clauses in the general terms and conditions may be invalid, as is clear from a ruling of the Bundesgerichtshof (BGH), Germany’s Federal Supreme Court (Az.: VII ZR 100/15).
Copernicus Group is a financial service provider in the canton Ticino for institutional and private UHNWI clients, offering also family office and wealth planning services. The group consists of Copernicus Asset Management SA and Copernicus Wealth Management and Services SA. On 20 March 2018, Copernicus Asset Management started operating as a fully licensed Swiss asset manager of collective investment schemes.
We are proud to announce that Karanović & Nikolić and its cooperating lawyers have once again been recognized as a top tier legal practice on the 2018 Legal 500 list of leading law firms. This prestigious UK-based directory provides comprehensive worldwide coverage on recommended law firms.
Mr. Jumah Nasser Al Kaabi, Director of Gulf Legal Consultants, during his participation with the Qatari trade delegation accompanying the Emir's visit to the U.S.